Daily Commentary: On policy advocacy and forecasting in Greece’s exit from the euro zone

About two years ago, I decided to limit the amount of policy advocacy I do around here and to focus mostly on forecasting. As I usually put it, I like write about what will happen and what policy makers will do rather than about what should happen and what policy makers should do. There are a lot of reasons for taking this tack but the chief one amongst them is that in times of crisis we as investors, business people and citizens care a lot more about the 'will' than the 'should'.

But @yanisv...


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